According to the latest data available from the Reserve Bank of India, the outstanding for commercial real estate is Rs 1187.1 billion as of January 2012, a growth of 12.2 per cent over the year-ago period. Although this rate is lower than the growth figure of 19.9 per cent in the same period the previous […]
Tag: Private Developers
Mahindra Lifespaces Mulls Entering Affordable Housing Segment
September 25, 2008 – 11:14 pm
Mahindra Group’s real estate arm Mahindra Lifespaces is likely to join the ‘affordable’ housing bandwagon in a year, aiming the middle-income group. “We are looking at opportunities to enter into the affordable housing sector, but it is still at the discussion stage. It may take one year to concertise the plan,” Mahindra Lifespaces Managing Director […]
5000 DDA Flats For 40% Less Than Market Price
August 2, 2008 – 7:16 am
NEW DELHI: At a price almost 40% less than private developers, Delhi Development Authority’s offer to sell 5000 flats beginning Monday would mean a bonanza for the few who manage to get in. Out of the 5,000 flats, 352 are three-bedroom flats, 889 two-bedroom ones, 3,231 one-bedroom and 286 expandable. In space-starved Delhi and amidst […]